Neurostimulation Field Draw Investor Attention
Crain's Cleveland report.
The Northeast Ohio region has added at least six neurostimulation companies since 2005, and two have sold for a combined $120 million. Case Western Reserve University is also housing two budding startups.
Just last week, Neuros Medical in Willoughby received a $3.5 million investment from Boston Scientific. Neuros is currently testing and developing an electrical stimulation system to treat chronic pain.
Related Articles on Pain Management:12 Recent Pain Specialist Appointments and Accomplishments
University of Texas Professor Receives $1.3M Pain Research Grant
Johnson & Johnson Recalls Duragesic Pain Patches
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
- How Physician Thinking Changes After Working in ACOs
- 2014 Financial Impact Analysis Doesn't Stop With CMS' Final Rule: Don't Neglect CMS NCCI Edits
- 4 Drivers of Recent M&A Activity in Healthcare
- 8 Reasons to Outsource Medical Billing Services
- 5 ICD-10 Transition Considerations Medical Practices Have Likely Not Thought About